Business & Finance Taxes

How to Pay Back Taxes in Installments

Creating the Contract

  • 1). Fill out and sign your federal income tax form.

  • 2). Print a copy of Form 9465, Installment Agreement Request (see The form is also available at IRS offices and in Package X.

  • 3). Fill in your name or names, Social Security number or numbers, and address.

  • 4). Omit the lines that ask for your phone numbers, bank and employer if you find this invasive. This information is not required.

  • 5). Enter the form number that you used - 1040, 1040A or 1040EZ; the tax year ' 1999 if it's the current tax return; and the amount of tax you owe.

  • 6). Decide how much money you can send in now. Make this proportionate to your bill. You need to show that you are making a good-faith effort to pay.

  • 7). Determine how much you can pay each month. Make it a realistic amount, but try to pay in full within 12 months.

  • 8). Enter the day of the month the IRS will receive your monthly payments. Base this on your payday and the speed of the mail.

  • 9). Fill in your bank information only if you want the payment automatically deducted from your bank account each month.

  • 10

    Sign the form; both spouses must sign if you're married filing jointly.

  • 11

    Attach the form to the front of your income tax return.

  • 12

    Mail the forms to the IRS with your initial payment.

Leave a reply